Do rating systems provide incentives to sellers when they are about to exit a market? Using data from Airbnb, this paper examines how end-of-game considerations affect hosts’ effort decisions. We take advantage of a regulation on short-term rentals in the City of Los Angeles to identify hosts...

This short essay, which appeared in a Lithuanian law review, analyzes how consequences of information policies in smaller developing countries relate to their success or failure in attracting foreign investment capital. The central purpose of this work is to encourage government officials,...

Information law rests upon two premises. The first is that information is a legally cognizable concept - that it can be framed in legal terms and has legal significance. The second is that there exists a rationale for government regulation and provision of information, either explicitly (through...

When politicians are provided with insufficient incentives by the democratic election mechanism, we show that social welfare can be improved by threshold contracts. A threshold incentive contract stipulates a performance level which a politican must reach in order to have the right to stand for...

We design the profit-maximizing mechanism to sell an excludable and nonrival good with network effects. Buyers have heterogeneous private values that depend on how many others also consume the good. In optimum, an endogenous number of the highest types shares consumption, and we provide an...

Can inequality in rewards result in an erosion in broad-based support for meritocratic norms? We hypothesize that unequal rewards between the successful and the rest, drives a cognitive gap in their meritocratic beliefs, and hence their social preferences for redistribution. Two separate...

Is it possible to improve women's agency by providing information about their abilities? Using a lab experiment in the field, I study how perceived abilities and gender stereotypes shape intra-household dynamics. I use an incentivized decision-making game with 525 married couples from 42 rural...